IFL 0.32% $3.14 insignia financial ltd

Ann: IOOF response to APRA notice and action, page-28

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  1. 4,987 Posts.
    lightbulb Created with Sketch. 139
    I think its time to call of the wedding.

    Take the money and buy back the shares outstanding.

    Wealth assets in like of the big stick will become cheaper now given the regulatory actions in value destruction.

    10 percent buyback a year for next 2 years would be earnings accretive and buy other assets which are now cheaper.
 
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